I am expecting a offer of a home loan from Nat West. My intention is to enlist the help of a Licensed Conveyancer in Bourne End. Does the Nat West Conveyancing panel exclude conveyancers regulated by the CLC?
The Nat West conveyancing panel is, like many other lenders, associated to the Council or Mortgage Lenders or Building Society Association, open to Licensed Conveyancers regulated by the Council of Licensed Conveyancers.
I own a freehold premises in Bourne End but still invoiced for rent, why is this and what is this?
It’s unusual for properties in Bourne End and has limited impact for conveyancing in Bourne End but some freehold properties in England (particularly common in North West England) pay an annual sum known as a Chief Rent or a Rentcharge to a third party who has no other legal interest in the land.
Rentcharge payments are usually between £2.00 and £5.00 per year. Rentcharges have existed for hundreds of years, but the Rent Charge Act 1977 barred the creation of new rentcharges from 1977 onwards.
Previous rentcharges can now be redeemed by making a one off payment under the Act. Any rentcharges that are still in existence after 2037 will be extinguished.
We are purchasing a apartment in Bourne End. I might seem paranoid but how we can trust a lawyer? At some point we have to deposit funds into their account. What is the protection we have from them run away with our monies?
Be assured that all money in a Solicitors client account is 100% safe, and even if your Solicitor ran off with it, the Law Society would reimburse you fully.
Is it the case that all Bourne End conveyancing solicitors on the Santander conveyancing panel are regulated by the Solicitors Regulatory Authority?
As solicitors, in order to be on the Santander conveyancing panel they would need to be overseen by the Solicitors Regulatory Authority. Some mortgage companies do permit licenced conveyancers on their panel in which case such firms would be governed by the CLC.
I have decided to exercise my right to buy my property in Bourne End off the council. I have a mortgage agreed with Leeds Building Society. Conveyancing is new to me. Can I proceed without a solicitor easily? I think we can but we keep being told I should use one. Any advice?
It is not advisable to proceed with a house purchase without a solicitor. The council's solicitor are not acting for you. You need a solicitor for a number reasons. One of which is to verify what plans the Council have for repairs and refurbishment for the next five years. Many leaseholders have been stung for contributions of thousands of pounds. In any event, if you are getting a mortgage with Leeds Building Society, you will need to appoint a solicitor on the Leeds Building Society conveyancing panel.
How does conveyancing in Bourne End differ for new build properties?
Most buyers of new build or newly converted property in Bourne End come to us having been asked by the builder to sign contracts and commit to the purchase even before the house is finished. This is because developers in Bourne End usually buy the land, plan the estate and want to get the plots sold off as they are building the properties. Buyers, therefore, will have to exchange contracts without actually seeing the house they are buying. To reduce the chances of losing the property, buyers should instruct conveyancers as soon as the property is reserved and mortgage applications should be submitted quickly. Due to the fact that it could be several months and even years between exchange of contracts and completion, the mortgage offer may need to be extended. It would be wise to use a lawyer who specialises in new build conveyancing especially if they are accustomed to new build conveyancing in Bourne End or who has acted in the same development.
What tools are available to locate a Bourne End law firm on the Accord Mortgages Ltd conveyancing panel? I am a keen cyclist and am happy to travel upto 25miles to meet the conveyancer.
Feel free to make use of the tool on this page. Please pick a bank and your location and you will see a number of Bourne End conveyancing lawyers located nearest you. We have listed some Bourne End conveyancing firms at the bottom of this page and you can ring them to verify whether they are on the Accord Mortgages Ltd panel
We're FTB’s - had an offer accepted, yet the property agent advised that the owners will only issue a contract if we appoint the agent's recommended solicitors as they need a ‘quick sale’. Our preferred option is to instruct a family conveyancer who is familiar with conveyancing in Bourne End
We suspect that the owner is not behind this request. If they desire ‘a quick sale', turning down a genuine buyer is going to damage their objectives. Speak to the owners direct and make the point that (a)you are keen to buy (b)you are excited to move forward, with finances arranged © you have nothing to sell (d) you wish to move quickly (e)but you will continue to appoint your preferred Bourne End conveyancing firm - not the ones that will earn their negotiator at the agency a referral fee or hit his conveyancing targets pre-set by senior management.